News Release

May 17, 2006

Bob Splane appointed chair of ATB Financial

Edmonton... An Order in Council approved today has appointed Robert (Bob) Splane chair of ATB Financial's board of directors effective June 16, 2006.

"I am delighted to announce Mr. Splane's appointment. He brings a wealth of experience to his new role, including nationally-recognized board governance expertise and a strong financial lending and insurance background," stated Shirley McClellan, Deputy Premier and Minister of Finance.

Splane served as president and managing director of the AFSC from 1988 to 1996, prior to sitting as chair of the organization's board of directors for 10 years. He was founding president of the Bank of Alberta, which later became the Canadian Western Bank where he was also the initial president. Other career highlights include serving as chair of the Credit Union Deposit Guarantee Corporation and on the board of directors for the Alberta Municipal Financing Corporation (now the Alberta Capital Finance Authority). He also owns and operates a family farm in the Boyle area.

The Order in Council also reappoints board members Robert (Bob) C. Clark, Brian W. Hesje and Linda Hohol.

Splane will resign his position with the AFSC's board of directors before replacing outgoing ATB Financial chair Ron P. Triffo.

"I wish to thank Mr. Triffo for his dedicated service," said McClellan. "Under his leadership, ATB Financial has experienced successive years of significant expansion and profit."

ATB Financial is a leading, full-service financial institution based in Edmonton. A memorandum of understanding between the Minister of Finance and ATB Financial provides policy guidance to ATB in conducting its affairs further to the statutes and regulations governing it. The 13 board members are appointed by the Lieutenant Governor through an Order in Council under recommendation by the Minister of Finance.

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Media enquiries may be directed to:
Marie Iwanow
Director of Communications
Alberta Finance
(780) 427-5364

To call toll-free within Alberta dial 310-0000.


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